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To: Percival 917 who wrote (8407)3/21/2000 12:48:00 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 35685
 
ELON now has contradicted its breakout
it has resumed its "pausing pattern" between 80-95
consider it declaring "I changed my mind, not ready yet"
just like a woman
its 18day Moving Avg is now about 85
expect support at 80-85

CREE is now banging around in its new range of 140-165
resistance is now at 160-165
18MA is 140 and 30MA is 160, defining the range
it must regain its footing after sliding down the hill
dont be surprised to witness another testing of 140
gotta make sure it dont like the smell down there before rising
find me one person who dont smell his shit before flushing!!!

my daily stochastic indicator shows an imminent crossover in the next couple days, provided it behaves

CREE could recover and move into the 160-180 range soon
we will see
today I sold some of my excess CREE shares (overbought down at 142)
also, I wrote calls on April 170 for CREE when it had coffee at 165 (versus half my shares)
lucky me, done it on high end of current range

onliest question is whether I buyback down low before the next run
I realize ShastriVoltesh dont like those maneuvers
I can be a headstrong disciple
some call it "fine tuning" since I can rewrite same calls again on upside
/ JW